ACTIVE

AIRS LIBRES

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Financial year 2025 · closed on 31/12/2025

Net result

26 k €

+4.3% YoY

Gross margin

1,3 M €

+3.8% YoY

Equity

370 k €

+0.9% YoY

Workforce

14,8 ETP

-8.1% YoY

What does AIRS LIBRES do?

AIRS LIBRES is a Non-profit organization incorporated in 2002. Its main activity is: Technical and vocational secondary education. Its registered office is in Leuze-en-Hainaut. It employs on average 14,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.579.597

Incorporation

20/02/2002

Legal form

Non-profit organization

Registered office

Chemin du Berger(L) 1
7900 Leuze-en-Hainaut · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

14,8 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Joint committees (1)

31902

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	1,3 M €	+3.8%	1,3 M €	+3.5%	1,2 M €		–		–		983,1 k €	+3.0%	954,2 k €	-1.6%	970 k €	-2.8%	998,2 k €	+4.4%	956,3 k €	+0.8%	948,6 k €	+2.8%	923,2 k €	+5.9%	872,1 k €	-2.8%	896,8 k €	+13.7%	788,4 k €
EBITDA	62 k €	+3.3%	60 k €	-3.9%	62,5 k €	-3.1%	64,5 k €	-27.0%	88,3 k €	+279%	23,3 k €	-72.4%	84,4 k €	+9.4%	77,1 k €	+25.4%	61,5 k €	-7.5%	66,5 k €	+5.5%	63 k €	+37.7%	45,8 k €	-9.5%	50,6 k €	+90.2%	26,6 k €	+68.9%	15,7 k €
Operating result	6,6 k €	-4.5%	6,9 k €	-25.0%	9,3 k €	-5.6%	9,8 k €	-72.3%	35,4 k €	+226%	-28 k €	-205%	26,7 k €	-8.4%	29,1 k €	+4.7%	27,8 k €	-8.5%	30,4 k €	+1.0%	30,1 k €	+39.5%	21,6 k €	-5.8%	22,9 k €	+282%	6 k €	+222%	-4,9 k €
Net result	26 k €	+4.3%	24,9 k €	-5.7%	26,4 k €	+10.3%	23,9 k €	-11.5%	27 k €	+172%	-37,3 k €	-422%	11,6 k €	-18.6%	14,2 k €	-26.2%	19,3 k €	-12.0%	21,9 k €	-30.4%	31,5 k €	+155%	12,3 k €	-13.0%	14,2 k €	+892%	-1,8 k €	+92.7%	-24,6 k €
Balance sheet
Equity	370 k €	+0.9%	366,8 k €	+1.1%	362,9 k €	+1.7%	357 k €	+2.1%	349,5 k €	+4.0%	335,9 k €	-2.8%	345,6 k €	+20.5%	286,7 k €	+49.6%	191,6 k €	+1.8%	188,2 k €	+3.4%	182,1 k €	+51.0%	120,5 k €	+10.0%	109,6 k €	+2692%	-4,2 k €	-73.6%	-2,4 k €
Total assets	1 M €	+13.7%	918,3 k €	+1.7%	902,6 k €	-21.3%	1,1 M €	-7.1%	1,2 M €	+6.7%	1,2 M €	-0.3%	1,2 M €	+25.4%	926,4 k €	+31.1%	706,5 k €	+0.7%	701,8 k €	+2.3%	685,9 k €	+13.6%	604 k €	-6.9%	648,5 k €	+20.5%	538 k €	+25.4%	428,9 k €
Cash	528,6 k €	+33.3%	396,7 k €	+20.2%	330 k €	-35.9%	514,4 k €	+12.1%	458,8 k €	+38.5%	331,4 k €	+20.5%	275 k €	+58.2%	173,9 k €	-25.1%	232,2 k €	+35.5%	171,4 k €	+8.2%	158,4 k €	+71.8%	92,2 k €	-42.9%	161,3 k €	-25.3%	216,1 k €	+74.9%	123,5 k €
Debts	665,8 k €	+22.8%	542,1 k €	+1.5%	534,2 k €	-31.9%	784,6 k €	-3.1%	809,6 k €	-0.7%	815,1 k €	+18.2%	689,6 k €	+16.8%	590,4 k €	+15.7%	510,1 k €	+6.5%	479 k €	+0.5%	476,8 k €	-0.8%	480,7 k €	+12.9%	425,8 k €	-10.8%	477,3 k €	+11.1%	429,5 k €
Other
Workforce	14,8 ETP	-8.1%	16,1 ETP	+0.6%	16,0 ETP	+1.3%	15,8 ETP	-100.0%	955 197,0 ETP	+5788973%	16,5 ETP	-10.8%	18,5 ETP	+21.7%	15,2 ETP	+2.0%	14,9 ETP	-8.6%	16,3 ETP	+5.8%	15,4 ETP	-3.1%	15,9 ETP	-3.6%	16,5 ETP	+7.8%	15,3 ETP	-7.3%	16,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

Brigitte BROUTIN

Mandate

Active

Christian Gobyn Decraeve

Mandate

Active

Philippe HENNUY

Mandate

Active

Ended mandates

Christian GOBIJN DEGRAEVE

Chairman of the board of directors · since 30 juin 2020 · until 30 juin 2023

Ended

Jérôme BRISMEE

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Michèle RAYMANN

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Michèle RAYMANN

Director · since 25 juin 2018 · until 30 juin 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	23/06/2025	25/06/2024	24/07/2023	26/07/2022	06/07/2021
General meeting	03/06/2026	18/06/2025	19/06/2024	21/06/2023	29/06/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	02/07/2026	French	PDF
Abridged model	31/12/2024	18/06/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	19/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	21/06/2023	24/07/2023	French	PDF
Full model	31/12/2021	29/06/2022	26/07/2022	French	PDF
Full model	31/12/2020	16/06/2021	06/07/2021	French	PDF
Abridged model	31/12/2019	17/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	19/06/2019	17/07/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	25/05/2016	28/06/2016	French	PDF
Abridged model	31/12/2014	27/05/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	17/06/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	24/05/2012	09/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	09/07/2011	French	PDF
Abridged model	31/12/2009	21/06/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	16/07/2008	French	PDF
Abridged model	31/12/2006	11/05/2007	14/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

Brigitte BROUTIN

Mandate

Active

Christian Gobyn Decraeve

Mandate

Active

Philippe HENNUY

Mandate

Active

Ended mandates

Christian GOBIJN DEGRAEVE

Chairman of the board of directors · since 30 juin 2020 · until 30 juin 2023

Ended

Jérôme BRISMEE

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Michèle RAYMANN

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Michèle RAYMANN

Director · since 25 juin 2018 · until 30 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates22/02/2017
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/09/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates20/10/2011
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202526 k €↑
2024
Annual accounts 202424,9 k €↓
2023
Annual accounts 202326,4 k €↑
2022
Annual accounts 202223,9 k €↓
2020
Annual accounts 202027 k €↑
2019
Annual accounts 2019-37,3 k €↓
2018
Annual accounts 201811,6 k €↓
2017
Annual accounts 201714,2 k €↓
2016
Annual accounts 201619,3 k €↓
2015
Annual accounts 201521,9 k €↓
2014
Annual accounts 201431,5 k €↑
2013
Annual accounts 201312,3 k €↓
2012
Annual accounts 201214,2 k €↑
2011
Annual accounts 2011-1,8 k €↑
2010
Annual accounts 2010-24,6 k €
20/02/2002
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AIRS LIBRES

Overview

What does AIRS LIBRES do?

Trend over 15 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline